Mayor Adams of New York City establishes a cryptoassets advisory committee | CoinDesk JAPAN

• New York City Mayor Adams stated at the summit on May 20 that the Digital Assets Advisory Committee will make its debut in New York.
• “There are experts here who will navigate solutions that will benefit our city,” said Mr. Adams.

New York City Mayor Eric Adams announced on May 20 that he will establish a Digital Asset Advisory Committee to bring fintech jobs to New York.

Mr. Adams stated at the beginning of the summit held at Gracie Mansion, the mayor’s official residence, that “New York is open for business.” The Digital Asset Advisory Committee is composed of industry stakeholders, and the chairperson is expected to be announced within a few weeks.

“We want to utilize future technologies to provide better services to current New Yorkers,” Mr. Adams stated in his opening remarks, continuing as follows.

“There are experts here who will navigate solutions that will be beneficial to our city. It is fortunate to have such human resources here in New York City.”

Following the public press conference, a closed roundtable meeting was held at this summit, with participants from both family offices and unicorn startups, according to Richard Hecker from the logistics company Traction and Scale, who was involved in the event.

Setting aside business interests, the city is considering placing records on the blockchain to allow New Yorkers’ relatives to easily access birth and death records, Mr. Adams stated.

Andrew Durgee, co-CEO of Republic, which supports startups financially, pointed out that despite concerns regarding regulatory authorities and other issues, his company has remained in New York while others have left, stating the following.

“For the first time in 15 years, this kind of scenario is unfolding. I have no idea how it will turn out. Talented and intelligent individuals are returning to the United States, looking for a place to land.”